NOT LISTED FOR SALE
9 Beds
4 Baths
-- Sq Ft
4,356 Sq Ft Lot

Sale Details

Date Sold: July 26, 2023

Last sale price $340,000

20 Days on Market

About This Home

As of July 2023

Welcome to your new investment opportunity! This 4-unit building was completely renovated in 2019, leaving nothing to do but collect rent and watch your income grow. With three 2-bedroom units and one 3-bedroom unit, this property is sure to attract a variety of tenants looking for a spacious and comfortable living space. Three of the units offer 2 bedrooms, 1 bath, living room with a separate dining room, and each unit comes equipped with a stove, refrigerator, and microwave. Currently, two of the 2-bedroom units are rented, generating over $2000 per month in income. The 3rd two bedroom unit and 4th unit, which features 3 bedrooms, are currently vacant, meaning you have two additional units to rent out for additional income or the opportunity to move in one unit and collect rent on the other three units. The property also features two sets of coin-operated washing machines and dryers, as well as 4 storage spaces, giving you additional streams of income. Plus, with tenants responsible for their own heat, gas and electric bills, you won't have to worry about those additional expenses eating into your profits. This property is truly a rare find in today's market, with its location on a quiet block in West Pullman and its already-great income potential. The property is being sold "as is", however with the seller accepting FHA financing, there's never been a better time to invest in your future! Call me for your appointment today!

Last Agent to Sell the Property

Carolyn Barnes

Real People Realty License #471019533 Listed on: 04/21/2023

Real People Realty

Last Buyer's Agent

Monique Rhivers

Blue Door Dave Inc License #475204071

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,411

Year Renovated

  • 2019

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40x125
  • Fenced Yard

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,411

Year Renovated

2019

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 9
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • AppliancesAndFeatures: Stove,Refrigerator,Microwave

Exterior Features

  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Lot Info

  • Lot Size Acres: 0.1
  • Lot Dimensions: 40X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas,Heat

Tax Info

  • Tax Annual Amount: 1411
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2023 07/26/23 Sold $340,000 +1.5% --
05/12/2023 05/12/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $335,000 0.0% --
04/27/2023 04/27/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $335,000 +123.3% --
11/18/2019 11/18/19 Sold $150,000 -11.7% -- View Prior Sale
08/15/2019 08/15/19 Pending -- -- --
08/09/2019 08/09/19 For Sale $169,900 0.0% --
06/19/2019 06/19/19 For Sale $169,900 0.0% --
06/18/2019 06/18/19 Pending -- -- --
06/16/2019 06/16/19 Pending -- -- --
06/04/2019 06/04/19 For Sale $169,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,480 $41,151 $2,722 $38,429
2024 $1,480 $41,151 $2,722 $38,429
2023 $1,444 $7,000 $1,815 $5,185
2022 $1,444 $7,000 $1,815 $5,185
2021 $1,411 $6,999 $1,814 $5,185
2020 $3,937 $17,630 $2,495 $15,135
2019 $3,990 $19,809 $2,495 $17,314
2018 $3,923 $19,809 $2,495 $17,314
2017 $4,608 $21,360 $2,268 $19,092
2016 $4,288 $21,360 $2,268 $19,092
2015 $3,924 $21,360 $2,268 $19,092
2014 $3,123 $16,790 $2,041 $14,749
2013 $3,061 $16,790 $2,041 $14,749
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11764414

Midwest Real Estate Data (MRED)
Your Personal Tour Guide

Ask me questions while you tour the home.